Independent journal on economy and transport policy
04:36 GMT+1
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the Spanish Boluda Corporación Marítima has acquired the German society of towing URAG
Has a fleet of 18 tugs employed mainly in the ports of Amburgo and Bremerhaven
February 21, 2017
the company of Spanish navigation Boluda Corporación Marítima has acquired the entire share capital of the company of towing URAG (Unterweser Reederei GmbH) that it is yielded by the shipowning company German Linnhoff Schiffahrt GmbH & Co. KG. With the transaction, that it includes also branches URAG International and L&R (Lütgens & Reimers), Boluda has taken possession of a fleet of 18 employed tugs is in harbour within that offshore that carries out service in seven ports. Moreover Boluda will receive in own entire organization also the organic one of 140 people of the URAG.
Boluda Corporacióm Marítima work already in the field of the towing through the branch Boluda Towage and Salvage that carries out services of harbor tug, coastal and of height let alone activity of rescue and services for the offshore industry, these last ones in particular through the Offshore division y Salvamento Marítimo. The fleet of tugs of the Spanish group, that it consists of approximately 240 boats, is present in the ports of Spain, France, the West Africa, the Indian Ocean and the Central and Southern America.
the Boluda group has emphasized the strategicità of the acquisition of the URAG as allows to widen the range to great German ports like Amburgo, according to European harbour port of call, or Bremenhaven, the fourth more important port in Europe. Moreover URAG is present also in the harbour area of Bremen, where the society that is founded in the German city in 1890, and in the harbour areas of Brake, Cuxhaven has center, Nordenham and Wilhelmshaven.
For the management of the new acquired activities in Germany the Iberian group has constituted the branch Boluda Deutschland, that it will be in charge of the management of the German companies included the controlled societies, the fleet and the 140 dependent between crew and staff of earth.
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